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SECTION 5.06. Protection of Security and Rights of Owners. The City shall <br />preserve and protect the security of the Bonds and the rights of the Owners. From and <br />after the date of issuance of the Bonds, the City shall not contest the validity or <br />enforceability of the Bonds or this Indenture. <br />SECTION 5.07. Further Assurances. The City shall adopt, make, execute and <br />deliver any and all such further resolutions, instruments and assurances as may be <br />reasonably necessary or proper to carry out the intention or to facilitate the performance <br />of this Indenture, and for the better assuring and confirming unto the Bond Owners the <br />rights and benefits provided in this Indenture. <br />ARTICLE VI <br />THE TRUSTEE <br />SECTION 6.01. Duties, Immunities and Liabilities of Trustee. <br />(a) The Trustee shall, prior to the occurrence of an Event of Default, and after <br />the curing or waiving of all Events of Default which may have occurred, perform such <br />duties and only such duties as are specifically set forth in this Indenture and no implied <br />covenants or duties will be read into this Indenture against the Trustee. The Trustee <br />shall, during the existence of any Event of Default (which has not been cured or waived), <br />exercise such of the rights and powers vested in it by this Indenture, and use the same <br />degree of care and skill in their exercise, as a reasonable corporate trustee would <br />exercise or use. <br />(b) The City may remove the Trustee at any time, and shall remove the <br />Trustee (i) if at any time requested to do so by an instrument or concurrent instruments <br />in writing signed by the Owners of not less than a majority in aggregate principal amount <br />of the Bonds then Outstanding (or their attorneys duly authorized in writing) or (ii) if at <br />any time (A) the Trustee ceases to be eligible in accordance with subsection (e) of this <br />Section 6.01, (B) becomes incapable of acting, (C) is adjudged a bankrupt or insolvent, <br />(D) a receiver of the Trustee or its property is appointed, or (E) any public officer takes <br />control or charge of the Trustee or of its property or affairs for the purpose of <br />rehabilitation, conservation or liquidation. The City may accomplish such removal by <br />giving 30 days written notice to the Trustee, whereupon the City will appoint a successor <br />Trustee by an instrument in writing. <br />(c) The Trustee may at any time resign by giving written notice of such <br />resignation to the City, and by giving notice of such resignation by first class mail, <br />postage prepaid, to the Bond Owners at their respective addresses shown on the <br />Registration Books. Upon receiving such notice of resignation, the City will promptly <br />appoint a successor Trustee by an instrument in writing. <br />(d) Any removal or resignation of the Trustee and appointment of a successor <br />Trustee becomes effective upon acceptance of appointment by the successor Trustee. <br />If no successor Trustee has been appointed and accepted appointment within 45 days <br />following giving notice of removal or notice of resignation as aforesaid, the resigning <br />Trustee, any Owner (on behalf of such Owner and all other Owners) may petition any <br />15 <br />